SDL 0.00% 0.6¢ sundance resources limited

chart sdl trending up

  1. 13,367 Posts.
    lightbulb Created with Sketch. 16
    The potential of SDL is unquestionably huge. I stated this some time ago and remain with the same sentiment but with GJ at the helm and strong possibility of the Chinese coming on board (don't underestimate this possibility) and the SA Govt wanting this project to go ahead, SDL is going to be strongly pursued.

    Techinically the uptrend is unquestioned and the long term bottom support has been respected again. Early call but, IMO, I believe SDL is about to break strongly to .54 and beyond very soon. This is the daily chart however the hourly chart displays very clearly the strong support over the last 2 days. The OBV has clearly displayed support and accumulation over the last few months.

    Enjoy the ride.....

    Photo Sharing and Video Hosting at Photobucket
 
watchlist Created with Sketch. Add SDL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.